Mojo Motors Explained

Mojo Motors, Inc.
Foundation:2011
Key People:Paul Nadjarian (Founder & CEO)
Tae Oh (CTO)
Nicholas Frank (VP of Sales)
Jason Morman (Sales Team Lead)

Mojo Motors, Inc. was an American automotive classified website for preowned automobiles.[1] [2]

Founder Paul Nadjarian was a Ford Motor Company and eBay Motors executive before starting Mojo Motors, Inc. in 2011.[3] The startup aggregates used cars from dealerships in a geographic area that offer discount pricing and then alerts shoppers when the price of the vehicle they are following drops in price.[4]

In 2012, the company secured nearly $5 million in funding from venture firms Atlas Venture, RPM Ventures and NextView Ventures to expand nationwide.[5]

Further reading

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Notes and References

  1. Web site: Mojo Motors Promotes New Way To Buy Used Cars . About.com . 2011-09-25 . 2012-05-08.
  2. Web site: Mojo Motors Raises $3 Million from Atlas, NextView, RPM to Make Buying a Car Easier . BostInno.com . 2012-05-08 . 2012-05-08.
  3. Web site: Mojo Motors Obtains $3 Million Funding to Push Expansion, Development & More . 2012-05-08 . 2012-05-08.
  4. Web site: MojoMotors: A Virtual Middleman Between Used-Car Lots and Shoppers . 2012-05-17 . 2012-05-17.
  5. Web site: Mojo Motors Fuels Up With $3M From Atlas, RPM For Better Used Car Shopping . TechCrunch.com . 2012-05-08 . 2012-05-08.